Purposes of collecting e-invoice data following OECD study

Below Figure out of 2020 report ”OECD Tax Administration 3.0 and Electronic Invoicing Initial Findings” published on September 28, 2022 presents a wide variety of compliance management related purposes for tax administrations to collect e-invoice data. Compliance levels might be increased via, among others:

• incentives to businesses to invest in the quality of business (reporting) systems (upstream compliance);
• deterrent effect on voluntary compliance;
• more effective and timely detection of fraudulent traders;
• enhancing the quality of audit selection and the audit execution itself.

Source OECD

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